MagnaChip Semiconductor Corp expected to post earnings of 24 cents a share - Earnings Preview

MagnaChip Semiconductor

25/10/2021 12:27

* MagnaChip Semiconductor Corp  MX.N   MX  is expected to show a
fall in quarterly revenue when it reports results on October 27
(estimated). 
* The Luxembourg, Luxembourg-based company is expected to report
 a 6.7% decrease in revenue to $133.4 million from $142.95
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for MagnaChip Semiconductor
Corp is for earnings of 24 cents per share. For the same quarter
last year, the company reported earnings of 40 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 18.1% in the last three months. ​
* Wall Street's median 12-month price target for MagnaChip
Semiconductor Corp is $29.5​, about 39.1% above​ its last
closing price of $17.97. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Sep. 30 2021  0.20        0.22       0.42      Beat    87.8
 Jun. 30 2021  0.21        0.20       0.15      Missed  -23.9
 Mar. 31 2021  0.14        0.14       0.22      Beat    61.8​
 Dec. 31 2020  0.13        0.13       0.40      Beat    216.8
 Sep.          0.07​       0.07       0.14      Beat    100.9​
 30​ 2020​                                              
 Jun. 30 2020  0.07        0.07       0.13      Beat    78.9​
 Mar. 31 2020  0.15        0.11       0.03      Missed  -71.8
 Dec. 31 2019  0.16        0.14       0.32      Beat    132.4
 This summary was machine generated October 25 at 11:27 GMT.  All
figures in US dollars unless otherwise stated